Zara replacement flops in Russia – survey

The Lebanese clothing brand MAAG, which replaced Zara after it ceased operations in Russia, has been labeled the disappointment of the year, RIA Novosti reported on Tuesday, citing the Union of Shopping Centers (STC).

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Europe faces deindustrialization and social unrest – Belgian PM

Soaring energy prices will lead to drastic long-term consequences on the continent, Alexander De Croo told the Financial Times Europe could soon face a significant reduction in industrial activity and social unrest unless something is done to lower energy prices before winter sets in, Belgian Prime Minister Alexander De Croo has warned.

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France accused of threatening press freedom

The detention of journalist Ariane Lavrilleux this week is ‘very worrying’, Amnesty International said The arrest this week of a journalist in France, in connection with their reporting in 2021 that French intelligence had been used by Egypt to kill civilians – could be viewed as an infringement of press freedom, Amnesty International has said.

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